The NCUA's proposed prompt corrective action rules for corporates would give the regulator greater authority than it has today.

ALEXANDRIA, Va. -- The NCUA will propose increased capital requirements for corporate credit unions.

Corporates will have to meet significant new capital requirements if the NCUA's proposed changes to part 704 become rule.

CUNA, NAFCU and NASCUS said there were few surprises in the proposed corporate credit union rules that the NCUA Board sent out for 90 days of public comment today, but pledged to examine them carefully and submit comments to the agency.